X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
MERCATOR LTD Announces Quarterly Results (4QFY19); Net Profit Down 350.6%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

MERCATOR LTD Announces Quarterly Results (4QFY19); Net Profit Down 350.6%
Fri, 7 Jun

MERCATOR LTD has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

MERCATOR LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m9702,669547-79.5%-43.5%
Other incomeRs m1701,60794-94.1%-44.4%
TurnoverRs m1,1404,277642-85.0%-43.7%
ExpensesRs m9835,1581,152-77.7%17.2%
Gross profitRs m-13-2,489-2,418
DepreciationRs m112406212-47.7%89.2%
InterestRs m255325265-18.4%4.0%
Profit before taxRs m-210-1,612-2,801
TaxRs m4158616-81.3%-96.1%
Profit after taxRs m-625-1,697-2,817
Gross profit margin%-1.4-93.2-441.7
Effective tax rate%-197.1-5.3-0.6
Net profit margin%-54.9-39.7-438.9
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter fell 43.5% on a year-on-year (YoY) basis. The expenses were up by 17.2% YoY during the same period.
  • The company's operating profit increased by 18081.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 441.7% in 4QFY19 as against 1.4% in 4QFY18.
  • Depreciation charges increased by 89.2% and finance costs increased by 4.0% YoY, respectively.
  • Other income declined by 44.4% YoY during the quarter.
  • Net profit for the quarter declined by 350.6% YoY. Net profit margins during the quarter declined from -54.9% in 4QFY18 to -438.9% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 79.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 77.7% QoQ during the same period.
  • The company's operating profit declined by 2.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 441.7% in 4QFY19 as against 93.2% in 3QFY18.
  • Net profit for the quarter declined by 66.0% QoQ, while net profit margins declined from -39.7% in 3QFY18 to -438.9% in 4QFY19.

To see how MERCATOR LTD has performed over the last eight quarters, please visit here.

MERCATOR LTD Share Price Performance

Over the last one year, MERCATOR LTD share price has moved up from Rs 24.0 to Rs 2.1, registering a Loss of Rs 21.9 or around 91.4%.

Overall, the S&P BSE SENSEX is up 11.9% over the year.

Current Valuations

At the current price of Rs 2.1, the price to book value (P/BV) ratio of MERCATOR LTD stands at 0.0 times.

Equitymaster requests your view! Post a comment on "MERCATOR LTD Announces Quarterly Results (4QFY19); Net Profit Down 350.6%". Click here!

  

Related Views on News

MERCATOR LTD Announces Quarterly Results (3QFY19); Net Profit Down 215.3% (Quarterly Result Update)

Feb 22, 2019 | Updated on Feb 22, 2019

For the quarter ended December 2018, MERCATOR LTD has posted a net profit of Rs 2 bn (down 215.3% YoY). Sales on the other hand came in at Rs 3 bn (up 136.3% YoY). Read on for a complete analysis of MERCATOR LTD's quarterly results.

MERCATOR LTD Announces Quarterly Results (2QFY19); Net Profit Up 8.0% (Quarterly Result Update)

Nov 21, 2018 | Updated on Nov 21, 2018

For the quarter ended September 2018, MERCATOR LTD has posted a net profit of Rs 325 m (up 8.0% YoY). Sales on the other hand came in at Rs 2 bn (up 124.6% YoY). Read on for a complete analysis of MERCATOR LTD's quarterly results.

Cochin Shipyard Limited (IPO)

Aug 1, 2017

Should you subscribe to the IPO of Cochin Shipyard Ltd?

More Views on News

Most Popular

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

Union Budget 2019-2020: More Style Over Substance(The 5 Minute Wrapup)

Jul 5, 2019

Did the Union Budget announce measures to stimulate the economy and bolster corporate earnings growth?

Here's What to Do with Falling Small Cap Stocks(Profit Hunter)

Jul 10, 2019

There are some great buying opportunities in the market right now - and the small cap space is your best bet.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

MERCATOR LTD SHARE PRICE


Jul 18, 2019 (Close)

TRACK MERCATOR LTD

  • Track your investment in MERCATOR LTD with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MERCATOR LTD - ESSAR PORTS COMPARISON

COMPARE MERCATOR LTD WITH

MARKET STATS